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Overseas investors buy Rs 994 crore of stocks
Overseas funds bought a net Rs 994 crore ($213 million) of Indian equities yesterday, taking their investments in stocks this year to Rs 77,410 crore, the nation’s market regulator said today.

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RFQ applications for metro rail to be sold from July 24
The Hyderabad Metro Rail Limited (HMRL), the special purpose vehicle set up to implement the metro rail project in the city, had postponed the sale of Request for Qualification (RFQ) applications for global bids to July 24.

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BJP, not Yeddy, likely to take legal action against Gowda
Karnataka Chief Minister B S Yeddyurappa is not likely to initiate any legal action against former Prime Minister H D Deve Gowda for using unparliamentary language against him but the state unit of BJP has threatened to file a suit against the JD(S) Chief.
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Ashok Leyland unveils bus with wireless connectivity

Commercial vehicle manufacturer Ashok Leyland today showcased a bus with wireless connectivity --iBUS2 -- useful for disaster management, mobile education and medical emergency response targeted at the government and the defence sectors. - China auto biz enters India - CV makers step on the gas after slump - Kanika Datta: The next Big Things">Kanika Datta: The next Big Things - Truck prices moving north - Tatas to complete check-up of low floor DTC buses by Jan-end - Ashok Leyland unveils hybrid bus "The bus has got communication network features which is useful for the defence sector and various government departments, including health and education sector," Ashok Leyland Managing Director R Seshasayee told reporters at the 10th Auto Expo here. The company has tied up with Cisco for providing communication network, he said. The company has initiated dialogue with various government departments and the concept bus has generated a lot of interest, he said. IBUS2 offers digital communication equipment that communicates in real-time with a remote control centre for exchange of critical information required for decision making, he said. For example, if there is an accident the person can get medical help by getting connected to a doctor at a remote place and a life can be saved without losing crucial time, Seshasayee said.


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